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Displaying results 1 to 4 of 4.

  1. Equilibrium wage arrears
    a theoretical and empirical analysis of institutional lock-in
    Published: Oct. 2000
    Publisher:  William Davidson Inst., Ann Arbor, Mich.

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1158 (321)
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Edition: [Elektronische Ressource]
    Series: William Davidson Institute working papers ; 321
    Subjects: Lohn; Verbindlichkeiten; Hysterese; Lohntheorie; Arbeitsmarkttheorie; Betrieblicher Konflikt; Systemtransformation; Schätzung; Theorie; Russland; Soziale Beziehungen; Lohnrückstände; wage arrears
    Scope: Online-Ressource, 34, [11] p., text
  2. Essays in applied microeconomics
    Author: Ananyev, Mikhail
    Published: 2021
    Publisher:  Universitäts- und Landesbibliothek Bonn, Bonn

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    Universitätsbibliothek Braunschweig
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    Staats- und Universitätsbibliothek Bremen
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    Universitätsbibliothek Clausthal
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    Fachhochschule Erfurt, Hochschulbibliothek
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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Universität Hamburg, Universitätsbibliothek
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    Bibliothek der Hochschule Hannover
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    Bibliothek im Kurt-Schwitters-Forum
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Zentrale Hochschulbibliothek Lübeck
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    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
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    Hochschule Magdeburg-Stendal, Hochschulbibliothek
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    Hochschule Osnabrück, Bibliothek Campus Westerberg
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    Hochschule Magdeburg-Stendal, Standort Stendal, Bibliothek
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    UB Weimar
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    Source: Union catalogues
    Language: English
    Media type: Dissertation
    Format: Online
    Other identifier:
    hdl: 20.500.11811/9224
    Subjects: public goods; institutions; social dilemma; deferred compensations; wage arrears; reputation
    Scope: 1 Online-Ressource (circa 184 Seiten), Illustrationen
    Notes:

    Dissertation, Rheinische Friedrich-Wilhelms-Universität Bonn, 2021
  3. The bonding effect of deferred compensation: worker separations from a large firm in early transition Russia
    Author: Ananyev, Mikhail; Dohmen, Thomas; Lehmann, Hartmut
    Published: June 2020
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Deferred payments, as implicit contracts, are predicted to bind workers to firms as long as workers believe that firms adhere to these implicit contracts. We employ a unique personnel data set from a Russian manufacturing firm to investigate whether... more

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
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    Deferred payments, as implicit contracts, are predicted to bind workers to firms as long as workers believe that firms adhere to these implicit contracts. We employ a unique personnel data set from a Russian manufacturing firm to investigate whether wage arrears, delayed payments of wages, induce bonding effects. We find that workers' separation rates decrease dramatically when workers experience wage arrears, providing evidence for the bonding effects of deferred compensation schemes. After workers are repaid nominal wages, but have suffered real wage losses due to unexpectedly high inflation, we observe that workers affected by wage arrears again become much more likely to separate during and after the repayment period of a second episode of wage arrears, providing evidence for the weakening of the bonding effect after the firm's reputation for adequately compensating for deferred payments has been jeopardized.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/223800
    Series: Discussion paper series / IZA ; no. 13358
    Subjects: deferred compensation; worker turnover; wage arrears; personnel data; Russia
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  4. Equilibrium wage arrears
    a theoretical and empirical analysis of institutional lock-in
    Author: Earle, John S.; Sabirianova Peter, Klara
    Published: 2000
    Publisher:  Institute for the Study of Labor (IZA), Bonn

    We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in... more

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4 (196)
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    No inter-library loan

     

    We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network externality or strategic complementarity in the adoption of the practice. We study the case of three equilibria, distinguishing two that are stable: the "punctual payment equilibrium" and the "late payment equilibrium." Our econometric analysis of linked employer-employee data for Russia supports the model's contention that the firm's costs of wage arrears - as embodied in worker effort, quit and strike behavior, and the probability of legal penalties - are attenuated by arrears in the local labor market. We estimate the arrears reaction function implied by the model, showing that it exhibits strongly positive feedback, and that the theoretical conditions for multiple equilibria under symmetric local labor market competition are satisfied in 1995 and 1998. Simulation results imply a late payment equilibrium characterized by six monthly overdue wages for a typical worker in 1995 and nine in 1998.

     
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    Content information
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/21040
    Series: IZA Discussion paper series ; 196
    Subjects: Lohn; Verbindlichkeiten; Hysterese; Lohntheorie; Arbeitsmarkttheorie; Betrieblicher Konflikt; Systemtransformation; Schätzung; Theorie; Russland; Lohnrückstände; wage arrears
    Scope: Online-Ressource ([2], 33, [11] S.), graph. Darst.